The United States is placing a leading Chinese oil importer on its sanctions blacklist for trading in Iranian crude, US Secretary of State Mike Pompeo announced on Monday.“As part of that maximum pressure campaign, I am announcing that the United States is imposing sanctions on the Chinese entity Zhuhai Zhenrong and its chief executive Youmin Li,” Pompeo said in a speech.“They violated US law by accepting crude oil,” he said.The announcement was the latest step by Washington to ratchet up…

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